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2020/08/10
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2020 AICT/CAS Joint Property/Casualty and Health Actuarial Seminar

 

       Hehuanshan-Wuling View by Mark Kao

 

 

This grand annual event is the joint international seminar organized by the Actuarial Institute of Chinese Taipei, AICT and Casualty Actuarial Society, CAS.

 

The united seminar is quite rich which including a two-day Seminar, Sep.14 & Sep. 15. 

The subjects will be property and health insurance related for each day, respectively. Applicants can register for only one day or two days according to their professional fields-

 

 

 

 

 

 

 

 

  • 9/14 Seminar- Property insurance related, will focus on IFRS 17, financial technology, climate change, catastrophe risk management, and ICS. The lectures will share their practical experience and suggestions based on the domestic current situation and industry needs.
  • 9/15 Seminar- Health insurance related, the lecturers will share the application of financial technology in health insurance and practical experience and cases in marketing.  The lecturers will also provide their insights and opinions on issues such as the development trend of health insurance in the United States and COVID-19, as a reference for the future business development of Taiwan.

 

 

 

Given the current world-wide situation with COVID-19, this seminar is going  webinar / virtual through WebEx instead of in-person mode. The software operation manual and precautions for attending the seminar will be attached to the "Pre-Seminar notification" email to the registers. 

 

 

      Organisers

 

 

      

 


 

 ▍Agenda (Taipei Time)

               

Day 1 - 9/14

Topic Speaker
09:30-09:50

 Webex meeting room opened

 
09:50-10:00  Opening Remark

 AICT/CAS

10:00-10:50  IFRS 17: PAA eligibility (Mandarin)

 Chia Ming Chang 

 Will Li

10:50-11:00

 Break

11:00-12:00  IFRS 17: PAA eligibility - panel discussion (Mandarin)

 Luke Hsu - Moderator

 Chia Ming Chang 

 Will Li 

 Chien Long Chen 

 George Kau

12:00-13:30

 Luncheon

13:30-14:20

 Cat Risk Management: ICS and RBC (Mnadarin)

 Muchun Huang 
14:20-15:10

 Offshore Windfarm Analysis-Challenges and Oppotunities (Mandarin)

 YiFan Fu
15:10-15:30

 Break

15:30-16:10

Opportunities and challenges for GI due t climate change (Mandarin)

 Han Chen 
 

 End of Day 1

 

       

Day 2 - 9/15

Topic Speaker

08:40-09:00

 Webex meeting room opened  
09:00-09:10  Day 2 - Opening Remark

 AICT/CAS

09:10-10:00

 Health Insurance:

 Dynamic Pricing With Wearables (English)

 Terry Narine

10:00-10:50

 Health Insurance:

 COVID-19 Model- a tool designed to capture ultimate extra deaths as a

 result of COVID-19 (English)

 Terry Narine

10:50-11:10

 Break

11:10-12:00

 Health Insurance:

 Tell Me What’s New in the US (Mandarin)

 Flora Liu

12:00-13:30

 Luncheon

13:30-14:20

 Health Insurance:

 The invisible influence on insurance purchase decision (English)

 Alex Leung

14:20-15:10

 Health Insurance:

 AI system in health claim operation (Mandarin)

 Simon Lee

    15:10-15:20   

 Closing remark

 AICT/CAS 

       *All speakers will join the webinar via Webex.

 

Please refer to Agenda | 9/14 Seminar | 9/15 Seminar | Speaker profile for more information.

 


 

 ▍Registration

 

 
  • Mark your calendar 

    2020 AICT/CAS Joint Property/Casualty and Health Actuarial Seminar
    Date:14 –15 September 2020
    Venue:Webinar (Webex) 
  • Registration deadline : Sep 7th, 2020

  • Relevant Information  pre-webinar reminder

  • Registration Policy

  • FULL PAYMENT must be paid online by credit card and received in order to confirm your registration.

    Group registration is not be available for foreign participants. For academic participants, please contact 

    AICT Secretariat to proceed the registration.

    By registering, participants agree that their name, company, city and country appear on the participant list. Participants can request to have their name removed from the list at any time by emailing to

    AICT Secretariat.

  • Cancellation and Refund policy 

    • If, for any reason, the Joint Seminar, or any part thereof, is prevented from being held, or the venue becomes unavailable, the Organiser may cancel or postpone the Joint Seminar. In such event, the Organiser shall not be responsible for delays, damage, loss, increased costs, or other unfavourable conditions arising by virtue thereof, and participants waive all or any claims for loss, expense or damage against the Organiser arising there from.

      Cancellation before before the registration deadline (including) will be subject to an administration fee of 20% of registration fee per participant and refunds will only be made after the completion of the Joint Seminar. In the event of late cancellation after the registration deadline or no-show, request of refund will not be entertained.

  • Registration fee and linkage

 

Category Registration Fee 

Sept 14

Seminar(Day1)

Sept 15

Seminar(Day2)

2 days 

 Seminar (2 Days)

 AICT/ CAS Member  NT$ 1,500  NT$ 1,500  NT$ 3,000
 Non member  NT$ 2,000  NT$ 2,000  NT$ 3,500
 Academic*  NT$ 1000  NT$ 1000  NT$ 1,800
 AICT Registration             
 CAS Registration             

 *For full-time teachers and students only, please contact the AICT Secretariat for registration and payment.

                              

 


 

 ▍Sponsorship

 

 

Sponsorship Opportunities

We want to help you achieve your business objectives and service your customer groups. If you would like to suggest other ways in which your company would like to be involved with the Joint Seminar, please do not hesitate to contact the Actuarial Institute of the Chinese Taipei. The packages can be tailored to your specific marketing needs as well as new ideas incorporated into the available options. 

The Joint Seminar is a unique marketing opportunity and we are confident your involvement as a Sponsor will provide your company with exceptional business rewards.

 

 

 

 

Sponsorship Package: 

 

 

Please complete and return to AICT Secretariat the Sponsorship booking form for the required information along with your organisation's choice of sponsorship and for the further details on the sponsorship opportunities or queries.

 


Diamond Sponsor

 

                                

Central Reinsurance Corporation is the only domestic reinsurance company in Taiwan undertaking non-life and life reinsurance businesses from domestic and overseas markets.

Central Re was established by the Ministry of Finance (MOF) on October 31, 1968 with the mission to promote the sound development and sustainable growth of the local insurance industry. Central Re completed its privatization process on July 11, 2002. Evergreen Group, the well-known transportation conglomerate becomes the largest shareholder and the Ministry of Finance is the second-largest shareholder.

Looking forward, the management team will base on the company’s motto of "Challenge, Innovation and Teamwork" to cultivate business prudently and seek opportunities internationally, aiming to become the best reinsurance company in Asia.

 


  Platinum Sponsor

 

Fubon Insurance has led the non-life insurance sector for the 38th consecutive year, strong results reflecting sound underwriting practices, judicious investment strategies and robust risk management. The business also grew fundamentally stronger through group cross-selling and channel diversification strategies, sales-structure optimization and balanced development.

 

Fubon Insurance stepped up its development of innovative technologies and digital applications to deliver more convenient services to customers. The company partnered with the aviation sector to create an automatic, paperless system for trip delay insurance claims, and telematics were used to support new “usage-based insurance” for motorists that offered incentives to drive less and reduce emissions. Customer “stickiness” was further strengthened through customized products informed by big data analytics.

 

On the commercial side, Fubon Insurance launched a smart marketing app for sales agents to help small business get the protection most suitable for them, and it partnered with information security consultants to introduce full-process services to strengthen local businesses’ information security risk management. A green energy insurance team was created to support the sustainable development of clean energy domestically, and Fubon Insurance now insures more than a third of solar energy projects and more than half of all onshore wind turbines in Taiwan.

 

Fubon Insurance has long been committed to enhancing the ability of companies and society to manage risk. It supports businesses by holding regular loss prevention seminars and providing industry-leading risk management services founded on risk assessment matrices developed in house. Microinsurance for low-income families and agricultural insurance are among its socially oriented products. Extending protections for farmers beyond government disaster assistance and strengthening their social safety net.

 

   ____________________________________________________ ◆ ____________________________________________________ 

 

 

Cathay Century Insurance was established in 1993 and became a member of Cathay Financial Holdings in 2002. By leveraging group resources and providing customers with a full range of financial services, we have secured our position as the second largest non-life insurer in Taiwan since 2007. We are also focused on expanding our business into foreign markets and established Cathay Insurance (China) and Cathay Insurance (Vietnam) in 2008 and 2010, respectively. In 2015, Cathay Insurance (China) increased its capital by cooperating with Ant Financial Services Group, an affiliate company of the Alibaba Group, in the development of e-commerce financial services. In keeping with the tenets of “equal emphasis on quality and quantity, steadfast and dependable” management, Cathay Century delivered outstanding business performance that was not only rated as “twAA+” by Taiwan Ratings, “A-” by S&P, and “A2” by Moody's, but furthermore enabled us to win numerous domestic awards, including the Insurance Excellence Award, Trusted Brand Award, and Insurance Dragon and Phoenix Award, among others. We also received many internationally acclaimed honors, including the International Business Premium Award and the Asia-Pacific Stevie Award. We were also named the “Best Non-life Insurance Company in Taiwan” by renowned British finance publication World Finance. These achievements are the best testament to our recognition by the people in Taiwan as the most recommended non-life insurer, and our success as a first-rate non-life insurer in Asia.

 


  Gold Sponsor

 

Timely service, product development and facultative expertise have been the driving forces in establishing RGA Taiwan as a market-leading life reinsurer. Since 2009, RGA Taiwan has been named “Best Life Reinsurer” three times by Risk ManagementInsurance & Finance magazine. We also received the highest possible rating (AAA) in all four categories evaluated — Professionalism, Potential for Development, Services, and Overall Performance. For the third consecutive year, RGA was ranked #1 by ceding companies on NMG Consulting’s 2018 All Respondent Business Capability Index in Taiwan.

 

   ____________________________________________________ ◆ ____________________________________________________ 

 

 

Newa Insurance was established in 1999 under the horizontal service integration strategy of Yulon Group. We aimed to become “the most professional and caring non-life insurance company” while providing high-quality insurance service to our clients. In 2002, we formed strategic alliance with Tokio Marine Group, the biggest insurance group in Japan, to upgrade us with international insurance professionalism and higher quality of insurance service. In 2005, we further merged with Allianz Insurance, which was under Tokio Marine Group, to officially become Tokio Marine Newa Insurance.

 

   ____________________________________________________ ◆ ____________________________________________________ 

 

 

addactis® provides software and consulting services and a broad range of actuarial (re)insurance solutions around pricing, reserving, modeling and reporting.

 

For more than 25 years we have been helping our customers to solve ever-evolving actuarial challenges. With our innovative software we drive the digital transformation of the actuarial function – for actuaries, by actuaries.

 

Present in 25 locations around the 5 continents with an extensive network of business partners, the addactis® experts ensure an effective and responsive support across Europe, Latin America, Asia-Pacific and Africa. Over 500 (re)insurance companies worldwide and 2000 software users in over 50 countries have already chosen addactis®.

 

Our products include notably an end-to-end IFRS 17 - compliant reserving solution and a Pricing software focused on traditional GLM techniques as well as innovative Data Science analytics.

 

We are pleased to share with Taiwan actuarial community that, in spite of the complex international environment induced by the Covid-19 pandemic, we have opened an office in Taipei that should be operational as of October.

 

   ____________________________________________________ ◆ ____________________________________________________ 

 

 

Founded in 1961, with more than 50 years of operating experience in Taiwan, Mingtai has been ranked as having the fifth largest market share in Taiwan. In September 2005, Mingtai joined the Mitsui Sumitomo Insurance Group and became one of MSIG’s subsidiaries. In April 2010, MSIG with Aioi Insurance Co., Ltd. and Nissay Dowa General Insurance Co., Ltd. were consolidated and officially changed the name to MS&AD Insurance Group Holdings.

 

In 2017, MSIG Mingtai’s market share in Taiwan achieved 7.65%, with total written premium of NT$11,928 million, net operating revenues of NT$ 9,370 million, and total assets of NT$ 25,496 million. By the end of 2017, MSIG Mingtai’s credit rating was rated A by Standard & Poors and twAAA by Taiwan Ratings. In recent years, MSIG Mingtai had demonstrated both profitability and efforts on Corporate Social Responsibility (CSR). Moreover, MSIG Mingtai also reinforces external and internal communication with concrete action plans. With sustained performance in insurance profession and dedication to CSR, MSIG Mingtai will help to secure a sound environment for the Earth by bringing security, safety and contributing to development of Taiwan society.

 


Silver Sponsor

 

            


 

 ▍About Taiwan / Mountains 

 

 

Taiwan's mountains are attracting the attention of hikers from all over the world for their height, which rivals the Alps and the Rocky Mountains.

 

【Wuling】

At a altitude of 3275 meters, Wuling is to the north of Kunyang and is the highest spot of Taroko. Except to the west, there is a clear view of the surrounding mountains. The platform on the east side provides the most suitable place to view the scenery. The mountain landscape varies. It is the highest point on any Taiwan highway.

 

Hehuanshan National Forest Recreation Area

Mt. Hehuan, despite its altitude of more than 3,000 meters, has a road

that goes right across it, making access very convenient.

 

It is the best place to see snow in the tropics, and escape from

the summer heat. In as little as one day, you can travel the highest road

in East Asia, and take the many hiking paths that lead off the main road.

 

These are usually short and always safe. Mt. Hehuan, Taiwan's "tourist mountain," rivals the island's other high peaks in scenery and atmosphere, yet it is easily reachable by car or on foot. 

             

 

    

 

 

 

 

 

Hehuanshan, all rights reserved.     

   


 

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